Author Topic: Bitcoins - about to hit $5,000 per coin today! (Read 1132461 times)

Theoak* · « **Reply #7775 on:** July 27, 2021, 02:26:09 PM »

Quote from: polychronopolous on March 12, 2020, 08:09:14 PM

It got down to $4100, I pretty much had to.

Let me know when we have truly hit rock bottom and I'll buy some more.

Love buying assets when blood is in the streets.

Great buy.

polychronopolous · « **Reply #7776 on:** July 27, 2021, 10:01:49 PM »

Quote from: Theoak* on July 27, 2021, 02:26:09 PM

Great buy.

Just for the hell of it, I am going to go ahead and respond to this post when Bitcoin hits 55k.

I will remain completely out of the picture folks.

No stressing over the charts. No hyping up the latest scam coin.

I will simply show you how easy it is to make money with this revolutionary new technology.

Hard cap of 21 million. Decentralization. Supply cut in half every 4 years.

This is what matters to me as a long term investor of Bitcoin.

gib · « **Reply #7777 on:** July 28, 2021, 01:06:23 AM »

Quote from: polychronopolous on July 27, 2021, 10:01:49 PM

Just for the hell of it, I am going to go ahead and respond to this post when Bitcoin hits 55k.

I will remain completely out of the picture folks.

No stressing over the charts. No hyping up the latest scam coin.

I will simply show you how easy it is to make money with this revolutionary new technology.

Hard cap of 21 million. Decentralization. Supply cut in half every 4 years.

This is what matters to me as a long term investor of Bitcoin.

See you at 55! I might just go do the same lol!

Theoak* · « **Reply #7778 on:** July 28, 2021, 06:07:53 AM »

Quote from: gib on July 28, 2021, 01:06:23 AM

See you at 55! I might just go do the same lol!

Ill post up my portfolio at 100k...then scram.

Mayday · « **Reply #7779 on:** July 28, 2021, 06:33:41 AM »

Quote from: Griffith on July 27, 2021, 05:37:43 AM

You're bullish again?

Nope. When I am I’ll be the biggest bull poster here.

Q4 is different sort of thing. Narrow window.

Griffith · « **Reply #7780 on:** July 28, 2021, 11:59:50 AM »

https://cointelegraph.com/news/india-to-use-ethereum-blockchain-to-verify-diploma-certificates

India to use Ethereum blockchain to verify diploma certificates

The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum to provide tamper-proof diploma certificates.

To counter the rise in document forgery, the Maharashtra State Board of Skill Development (MSBSD) opposes India’s crypto ban narrative of using Ethereum-based public blockchains.

In an exclusive statement with Cointelegraph, LegitDoc CEO Neil Martis highlighted that while the certificates are verified using traditional manual methods, MSBSD will start advocating only the digital verification method for all the manual verification requests starting next year.

The partnership with LegitDoc places India among early adopters to implement an e-governance system for education with the Massachusetts Institute of Technology, Malta and Singapore.

SOMEPARTS · « **Reply #7781 on:** July 28, 2021, 12:07:18 PM »

Quote from: gib on July 28, 2021, 01:06:23 AM

See you at 55! I might just go do the same lol!

Mayday · « **Reply #7782 on:** July 30, 2021, 03:17:00 AM »

Binance just announced they are phasing out futures and derivatives throughout Europe.

One would think one of the world’s largest exchange operators would adapt to regulatory changes and still have these services available.

Derivatives in crypto are 14x the size of spot yet Binance are walking away from the most lucrative part of crypto.

Makes one wonder what is really going on. Burry said crypto was ground zero for the next big GFC.

Baras · « **Reply #7783 on:** July 30, 2021, 12:58:10 PM »

Quote from: Mayday on July 30, 2021, 03:17:00 AM

Binance just announced they are phasing out futures and derivatives throughout Europe.

One would think one of the world’s largest exchange operators would adapt to regulatory changes and still have these services available.

Derivatives in crypto are 14x the size of spot yet Binance are walking away from the most lucrative part of crypto.

Makes one wonder what is really going on. Burry said crypto was ground zero for the next big GFC.

noone knows whats going on

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OneMoreRep · « **Reply #7784 on:** July 30, 2021, 01:31:06 PM »

Something is up with Binance US as well, as it's becoming increasingly difficult to make a simple USD deposit into their exchange.

"1"

Mayday · « **Reply #7785 on:** July 30, 2021, 04:37:56 PM »

Quote from: OneMoreRep on July 30, 2021, 01:31:06 PM

Something is up with Binance US as well, as it's becoming increasingly difficult to make a simple USD deposit into their exchange.

"1"

Binance are all kinds of sketchy. With my other 2 local exchanges which I use for spot I receive withdrawals in a few minutes.

With my futures trading on Binance fuck knows where my withdrawal is from 3 weeks ago. I go degenerate on Binance because I figure I’m never getting the money back.

I want to try 100x at least one time to feel at one with the FOMO.

Bindare_Dundat · « **Reply #7786 on:** July 30, 2021, 04:57:40 PM »

like i said, sell at 42 to 52k , dont screw it up this time guys. this is good as its gonna get for awhile.
bye.

Mayday · « **Reply #7787 on:** July 30, 2021, 07:59:12 PM »

Quote from: Bindare_Dundat on July 30, 2021, 04:57:40 PM

like i said, sell at 42 to 52k , dont screw it up this time guys. this is good as its gonna get for awhile.
bye.

You sound bullish.

44k 👀

Griffith · « **Reply #7788 on:** July 31, 2021, 02:39:05 AM »

Quote from: Bindare_Dundat on July 30, 2021, 04:57:40 PM

like i said, sell at 42 to 52k , dont screw it up this time guys. this is good as its gonna get for awhile.
bye.

Thanks, quite a big range.

Griffith · « **Reply #7789 on:** July 31, 2021, 02:41:57 AM »

Ethereum is getting the EIP-1559 upgrade on the 4th of August.

Could still see a pump over 2.5k.

Flexacon · « **Reply #7790 on:** July 31, 2021, 04:33:50 AM »

Quote from: Griffith on July 31, 2021, 02:41:57 AM

Ethereum is getting the EIP-1559 upgrade on the 4th of August.

Could still see a pump over 2.5k.

There are a bunch of NFT related projects waiting to be announced/launched if the upgrade is successful. ETH should also be going "green" soon. I'd be disappointed if it didn't pump closer to 3K

OneMoreRep · « **Reply #7791 on:** July 31, 2021, 06:03:25 AM »

Quote from: Mayday on July 30, 2021, 04:37:56 PM

Binance are all kinds of sketchy. With my other 2 local exchanges which I use for spot I receive withdrawals in a few minutes.

With my futures trading on Binance fuck knows where my withdrawal is from 3 weeks ago. I go degenerate on Binance because I figure I’m never getting the money back.

I want to try 100x at least one time to feel at one with the FOMO.

I thought it was mainly the foreign Binance exchange that was sketchy, but now I am noticing that Binance.US is also acting odd. When you have difficulty depositing money into your own Binance account, to actually use in the purchase of crypto, it seems very fucking strange.

"1"

Zillotch · « **Reply #7792 on:** July 31, 2021, 01:46:42 PM »

The Britcoin revolution! Rishi Sunak plans to introduce official digital currency to rival cash in 'biggest upheaval in the monetary system for centuries'

https://www.dailymail.co.uk/news/article-9821855/Rishi-Sunak-plans-replace-cash-official-digital-currency.html

'Bank of England would establish a direct digital equivalent to physical money'

'Supporters say the move will give the economy a boost during a financial crisis' (lol)

'Could slash cost and time it takes to make payments online and transfer money'

OneMoreRep · « **Reply #7793 on:** July 31, 2021, 02:28:24 PM »

For those that use US based crypto exchanges, I am slowly withdrawing my crypto assets from Binance.US and depositing them into Kraken.

Any feedback on Kraken? I see that you're able to stake a few cryptos on there and I might utilize that. Cardano seems to be one of the ones you can stake, as well as Solana.

Does anyone here have experience with Kraken (ie buying cryptos through them, staking etc)?

Thanks,

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Mayday · « **Reply #7794 on:** July 31, 2021, 06:24:57 PM »

Quote from: OneMoreRep on July 31, 2021, 06:03:25 AM

I thought it was mainly the foreign Binance exchange that was sketchy, but now I am noticing that Binance.US is also acting odd. When you have difficulty depositing money into your own Binance account, to actually use in the purchase of crypto, it seems very fucking strange.

"1"

I use the local Oz Binance. They order spoof, have done market sell orders and seen my profit vanish. Particularly when trading alts. I can’t even get my money out lol.

My spot exchanges I have market sold 500k across 2 minutes without price drift. They don’t offer futures though, hence Binance.

Interesting with your probs in the US. I don’t know if it’s just your account or others?

Quote from: Griffith on July 31, 2021, 02:39:05 AM

Thanks, quite a big range.

he is right. Algos are running this as retail has no power anymore. Market makers could pump to 100k today if they wanted to but they become bag holders as retail and institutions would dump on them. It’s all about nuking retail.

We camp at 42k because it’s a pothole. Shorts will load up. Longs load up. I think they can short squeeze below 45k so no need to use 52k. Need to remember retail FOMO army is maybe 30% of original size so there isn’t much ‘oomph’ left to rally.

Look at YouTube views. Bitboy in April would get 180k+ per video and now is down to 40k-80k range. He is retail lifeline indicator. Retail views getting smaller and smaller. Twitter likes smaller and smaller. That’s a barometer.

Overall market structure remains unchanged for now though which is end cycle.

Griffith · « **Reply #7795 on:** July 31, 2021, 11:10:28 PM »

Quote from: Mayday on July 31, 2021, 06:24:57 PM

I use the local Oz Binance. They order spoof, have done market sell orders and seen my profit vanish. Particularly when trading alts. I can’t even get my money out lol.

My spot exchanges I have market sold 500k across 2 minutes without price drift. They don’t offer futures though, hence Binance.

Interesting with your probs in the US. I don’t know if it’s just your account or others?

he is right. Algos are running this as retail has no power anymore. Market makers could pump to 100k today if they wanted to but they become bag holders as retail and institutions would dump on them. It’s all about nuking retail.

We camp at 42k because it’s a pothole. Shorts will load up. Longs load up. I think they can short squeeze below 45k so no need to use 52k. Need to remember retail FOMO army is maybe 30% of original size so there isn’t much ‘oomph’ left to rally.

Look at YouTube views. Bitboy in April would get 180k+ per video and now is down to 40k-80k range. He is retail lifeline indicator. Retail views getting smaller and smaller. Twitter likes smaller and smaller. That’s a barometer.

Overall market structure remains unchanged for now though which is end cycle.

You thin we're still going to see another big drop?

For Binance, I use XRP and send to a local exchange and then from there withdraw to my bank account. With XRP it takes about 30 seconds to arrive and costs a few cents.

Mayday · « **Reply #7796 on:** August 01, 2021, 12:29:26 AM »

Quote from: Griffith on July 31, 2021, 11:10:28 PM

You thin we're still going to see another big drop?

See this?

This is why we haven’t cracked 42k yet 👀

Closing longs = sell pressure.

These are market makers closing out positions into a retail FOMO buy wall. Closing of longs precedes a dump in price. Yes price can still go up in order to keep the buy wall alive.

There’s a lot more aswell but I’ll write too many words lol.

Flexacon · « **Reply #7797 on:** August 01, 2021, 09:45:21 AM »

Quote from: Mayday on July 31, 2021, 06:24:57 PM

Look at YouTube views. Bitboy in April would get 180k+ per video and now is down to 40k-80k range. He is retail lifeline indicator. Retail views getting smaller and smaller. Twitter likes smaller and smaller. That’s a barometer.

Overall market structure remains unchanged for now though which is end cycle.

Banks have just started offering crypto access to their customers, so we may yet see more fomo.

Mayday · « **Reply #7798 on:** August 01, 2021, 05:11:39 PM »

Quote from: Flexacon on August 01, 2021, 09:45:21 AM

Banks have just started offering crypto access to their customers, so we may yet see more fomo.

Perhaps.

Today sets the theme. Might be a brutal day today, slap down then punch back up.

But no, I can’t see any new FOMO happening from here when MM are unloading barrels into retail right now.

It seems we are moving fast through the bear market. We need to watch September 👀 I’ll PM you.

OneMoreRep · « **Reply #7799 on:** August 01, 2021, 06:45:07 PM »

Speaking of FOMO'ing into crypto, is anyone else looking or jumping into Chainlink?

I've always carried a small amount in my wallet, but with the current discount prices, it's hard to not grab some more.

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